pnc, this is a company that has very strong geographical diversity.average small accounts so they're not leveraged to a few large accounts and also they have a very robust network, so these are the factors that we think will be playing into the favorable side for pnc. charles: let's -- sam, let me jump in, we got less than a minute to go and i want to zero a little bit on industrials because not a lot of folks are talking about them. johnson controls we kind of know xyl would be a new name for our viewers. for folks listening on the radio that is the symbol here. >> it is industrial machinery category. i like to look at fundamentals and technicals. fundamentals tell you what, and technicals tell you when and how far. our lowery technical arm basically saying the industrial machinery category as well as xylem is showing very good momentum in improvements of price, improvement of price, power ratings, et cetera. our fundamentals are good mainly benefiting from the federal infrastructure program we still think has far to go. charles: sam, you're one of t

he and his son charlie were competing at the pnc championship this weekend, formally the father and son chip off the green for the shot of the day. but he didn't win it. tiger is still easing his way back into competition having tentatively returned to the sport this year, following a serious car crash in 2021. i look forward to being able to get ready for next year and these last two weeks have been good and i have been able to shake off a lot of rust. i have gotten better each and every day, which has been great. i still have a lot of work to do. i have never update in the next hour but let's head back to the newsroom now in london. —— i have another update. some breaking news for you this hour and police have confirmed in the last few minutes that the body of a woman found in the river when some in norwich on friday has been formally identified as gaynor lord. she had left her work early and later that evening her belongings were discovered in winston park and you looking at cctv pictures of her from that evening, that afternoon, and extensive searches took place last week and on fri

cheryl: i always value what you bring to the table, and pnc financial, national bank of canada and kohoh loan frost bank. >> we have what we call five-star or best buy, strong buy recommendations on each of these stocks. and, you know, everyone's been talking about the magnificent seven, they've been talking about technology, communications services, consumer discretionary, but sneaking up in the pack, so what you could say with honorable mention, is the financials area. and you just articulated the performances. but each of these banks come in a sub-industry that is above their 10-week as well as 40-week or 50-day and 200-day moving averages, so there's good momentum behind them. with pnc financial, it still trades as a sub-10 persian -- p if e, it offers a 4.6% dividend yield, and our analyst really likes it because the business model is supported by consistent earnings performance, a large scale company, revenue if diversity as well as limited concentration risk. cheryl: now, cullen frost in familiar, stock is down about 23% year to date. we just showed the chart. it'll cycle back t

14—year—old charlie woods hit the shot of the day in the final round of the pnc championship.i—under par second round 61, which saw team woods finish the weekend on i9—under. however, it was only enough for a share of fifth place, with bernhard langer winning the event for the fifth time with his son, jason. lovely to see that interaction between father and son, wasn't it? that's it from us. you can get all the latest sports news at from the bbc sport app or from our website. bye— bye. hello, there. the mostly cloudy and mild conditions that we've had over the weekend will continue into the start of this upcoming week, and there will be some rain about, too — some of it quite heavy across the south on tuesday. by the middle part of the week onwards, it turns very windy, with widespread gales developing, and then by the end of the week, it'll be turning colder for most of us, particularly across the north of the uk, with an increasing chance of wintry showers. now, we have a load of weather fronts poised to push in for monday — one across the north—west of the country, with coo

faults wins. 14—year—old charlie woods, tiger's son, hit the shot of the day in the final round of the pnc green at the ninth hole on the way to an 11—under par second round 61, which saw team woods finish the weekend on 19—under. however, it was only enough for a share of fifth behind bernhard langer and his sonjason. woods senior, who turns 48 later this month, plans to play competitively once a month next year, as he still struggles from the injuries sustained in a car crash two years ago. i look forward to being able to get ready for next year and these last two weeks have been goods and i have been able to shake up a lot of frost. i have gotten better each and every day, which has been great. i still have a lot of work to do. i still have a lot of work to do. it's the bbc sports personality of the year tomorrow evening. you can read up on the six contenders for the main award on the bbc sport website. david beckham won it in 2001 and was also given the lifetime achievement award in 2010. it's a chilly magical. this heroes's lifetime _ it's a chilly magical. this heroes's lifetime achi

. >>> today tiger woods turned the pnc championship into a family affair. he's playing with his son charlie and his daughter sam is his caddey. caddie. >>> quaker oats is pulling some of its products off the shelf out of fear for salmonella contamination. consumers are advised to throw away the items and can't the company for reimbursement. head to cbs.com for an exact list of the products recalled. >>> today boston is celebrating the 250th anniversary of the boston tea party. when colonial americans, fed up with paying british taxes stormed two ships to destroy chests of british tea. the occasion is marked tonight with a full-scale reenactment. >>> when we come back, a success to the oldest toy store in l.a. >>> we end tonight in california, where a toy store has stayed open by staying true to its roots. powering holiday cheer without the need for power. tonight's weekend journal, cbs takes you to kip's toy land. ♪ let it snow, let it snow ♪ >> reporter: it's a festive season of buying bliss, but hidden among the stores you know is one you should remember.

we heard from sources that things like pnc and other regional were bidding which could have been potentiallyetter suitors to lessen the systemic risk that jp morgan was able to create. jon: do we have to factor in the time? we were trying to determine what was going to happen. in this letter, there is talk about the spread on what ultimately the deal price ended up being. in real time, when there is worry in the air, do you have to factor that in as well? >> that's a concern that the fdic probably undertook. the bidders with the regional banks, maybe some of the regionals did not take all of the assets and liabilities of first republic so that has something to do with it potentially. and the structure of the bids may also have had something to do with it. they have been reported to have partnered with private equity and asset managers in conjunction with that bid. it may have created a more complex transaction which may be the fdic was not that attracted to. sonali: we thank you so much for your time. we will bring in another big voice to discuss the banking industry with the former fdic cha

ill—year—old charlie woods, tiger's son, hit the shot of the day in the final round of the pnc championshipom just off the green at the ninth hole on the way to an ii—under—par second round 61, which saw team woods finish the weekend on 19—under. however, it was only enough for a share of fifth place, with bernhard langer winning the event for the fifth time with his sonjason. woods senior, who turns 48 later this month, plans to play once a month next year, as he still sruggles from the injuries sustained in a car crash two years ago i look forward to being able to get ready for next year and these last two weeks have been good and i have been able to check off a lot of rust. i have gotten better each and every day, which has been great. i still have a lot of work to do. i still have a lot of work to do. that's all the sport for now. you are watching bbc news. let's get more noise on efforts to restore power sharing in northern ireland. the bbc understands that the dup has ruled out the prospect of a deal before christmas. it has been boycotting stormont since early last year over a post—b

tiger woods daughter with dad at the pnc championship competing with son charlie good approach from tigert up this birdie putt for charlie and knocks it down. team woods is 8 under 7 back of the lead heading into the final round. well, coming up after the break, we will head down to the bay view opera house for their annual winter wonderland celebration. - [narrator] every day, our lives are filled with choices, both simple and life-changing. what's not a choice? addiction to opioids like fentanyl. but even with opioid use disorder, you still have a choice. by choosing treatment, you choose family, your career and your life on your terms. choose change, california, and find medically proven treatment options at choosechangeca.org. >> san francisco's bayview district is geting into the holiday spirit hosting their annual winter wonder land' venl. children had a chance to do fun winter theme activities like ice sculpting and building a snowman there. were christmas carollers on stage and outside of the venue there was a s'mores station. i'm sure it was a big hit and they didn't have to deal

david: you are now pretty much in the pnc business, property and casualty, getting out of the life insuranceusiness. explain why the life insurance business would not be a better business, because you know people are going to die, very predictable, actuaries will tell you. why is that not as good as the property and casualty business? peter: it is a very good business. the property and capital business is very different. the complexity of the life insurance business is they have so much investable assets, it is a spread business and one that has really different dynamics that drives outcomes. david: i've seen lots of ads on television for insurance, but i don't see a lot of aig ads. are you appealing to people like me watching television or more the institutional market? peter: we have a distribution of agents and brokers. we are really business-to-business. we source our business through that distribution channel. less advertising to the end consumer. it has limited value in the product we offer. david: today the insurance business generally in the united states is reasonably healthy? peter

they're asking the pnc to start early collection in march one 2024, even before the merits of their requests have been decided. >> tony also adds that turn is working with legislators to try and rein in pg e hikes. only solution to that that we see. >> is. >> to establish a no higher. then the cost of living adjustment provided i feel >> a uc spokesperson says that the application is still in the very early stages. hearings have not been set yet. we will continue to watch this story and provide you updates. grant vicki, back to you. >> thank you, theresa bad news for the warriors tonight. the nba has suspended draymond green indefinitely. the suspension comes one day after he was ejected for hitting you sefnner kick in the face during the warriors lost to the suns. you see the swipe, their the swivel swipe. the nba says the decision is here due to green's repeated history of unsportsmanlike conduct. just a few weeks ago, green was here with a five-game suspension for putting an opponent in a chokehold during a game dream on will be required to meet certain league and team conditions before h

the father/son duo shot 61 at this weekend's pnc championships in orlando.h for a five-way tie for fifth place. the duo's best finish was back in 2021 when they took second place. two-time masters winner bernhard langer and his son jason took the top spot at the tournament. >>> when we come back, the smithsonian just got a piece of mars history. >>> and why a vase bought for around 4 bucks at goodwillak a shocking six-figure sum at auction. this is a hot flash. but this is a not flash. ♪ i got a good feeling ♪ there's big news for women going through menopause. veozah - a prescription treatment for moderate to severe vasomotor symptoms - the medical name for hot flashes and night sweats. with hormone-free veozah, you can have fewer hot flashes, and more not flashes. veozah is proven to reduce the number and severity of hot flashes, day and night. for some women, it can start working in as early as one week. don't use veozah if you have cirrhosis, severe kidney problems, kidney failure, or take cyp1a2 inhibitors. increased liver blood test values may occur. y

. >>> father/son duo tiger and charlie woods shot 61 at this weekend's pnc championship in orlando.ut finished with a five-way tie for fifth place. >>> over 500 million wordle games were annualized and adieu came in first place as the most common starter word. researchers found that the four-vowel word put players at a disadvantage with a 3.6% chaps of failure. >>> santa paddle week was organized for people battling cancer. it took place at lake washington and raised nearly $5,000. "early taywi brit ck.od" lle gh (oven ding audio mnemonic) tyson boneless buffalo bites and hot wings have that tasty kick of flavor... ...so they're perfect for any get-together ...if there are any left when your guests arrive. tyson any'tizers® chicken. more kicks of flavor. more smiling snackers. more to love. tyson. a mystery! jessie loves playing detective. but the real mystery was her irritated skin. so, we switched to tide pods free & gentle. it cleans better, and doesn't leave behind irritating residues. and it's gentle on her skin. tide free & gentle is epa safer choice certified. it's got to be

also next, pnc pollution with people that are leaving and over crowded spacing sports, it became shows that, i mean, the dates went south days. he's on the phone with spite the lights on. why is the red cross and crescent official tells all to the goals and is a facing epidemic? a pint infectious diseases without access to large saving treatment. and some of the us has, once again exposed itself in the front of the world by blocking even the councils extremely, we can call for a cessation of hostilities. and guys of russia slammed the us rejection of a c, c. or if it's going to affect as the un security council pauses heavily down resolution to at least a different civilian the welcome to the news over here on ot international. i'm charlotte, even skate we have to program, had feet were more than 300000 young godson's face, mel nutrition and preventable best not to stop winning from the u. n. children's emergency fund that the chief of the united nations itself is also pointed to some alarming statistics. a lot of includes will see program wide split as fact mean looms model and how fa

tiger woods is going to be teeing it up this weekend with his son charlie in the pnc championship in florida. the two were out there for the pro am yesterday. charlie now 14 years old. quite the golfer himself. and he always love this is weekend with his son. >> it's fun for both of us. we have fed off our competitive nature. and we have really pushed each other to become better. it's a fun atmosphere. we keep it light and competitive and enjoyable. >> it is fun seeing how competitive they are. my favorite part of watching them play in this tournament every year is when tiger hits a a bad shot, charlie looks like at him like, come on, dad. >> you can do better than that. andy, great to see you. thank you so much. thanks for joining us this morning. "first of all" is up next. haveve a great d day, everyoyon. ♪ ♪ ♪ ♪ ♪ ♪ >>> first of all, th

like father like son, check out 14-year-old charlie woods chipping in from long distance at the pnc championshipndo yesterday. pulling out the patented tiger fist pump. it looks like john avlon after a good scoop on capitol hill. great smiles. great weekend for the tiger woods family. tiger's 16-year-old daughter sam, caddying for tiger for the first time. the woods finished 19 under, tied for fifth. >>> the texas longhorns are your women's volleyball national champs. asia o'neal acing the championship to knock off the top-ranked nebraska. surgery as a kid, then the issue came about again in college in 2019. she had to have another surgery. doctors telling her she should give up the sport. instead, after months of rehab, she returned to the court leading the longhorns to the second title. recently,

. >>> tiger woods is going to be teeing up it up with his son charlie in the pnc championship in florida. the two out there on the course for the pro am yesterday. charlie now 14 years old and is quite the golfer himself. tiger says he always loves this weekend. >> it's been fun. it's been fun for both of us. we have fed off of our competitive nature. and we really push each other to become better. it's a fun atmosphere. we keep it light and kpet and enjoyable. >> i always love watching this tournament every year. my favorite part is when tiger hits a bad shot and his son charlie just looks at him like, come on, dad. >> can you imagine the competition between those two? >> unbelievable. and imagine the pressure charlie has always had to be a good golfer and he is. so that make it is so much cooler. >> andy, appreciate it. great to see you. thank you very much. >>> actor and author will no longer serve as jep host. sony, which produces the tv show, made the decision. former "jeopardy" champ ken jennings will be the sole host moving forward. they had been sharing hosting duties since 2021

the other is he's traveled down to the ritz-carlton golf club for the pnc championship. >> it is a family guys are at the pro-am event. but at home you are playing it way to go, guys. >> reporter: yeah, guys. it's great thank you so much. this is a great event. it is a really great family event here in orlando. i grew up playing golf with my step dad we got 20 elite golf teams here. it's fathers and daughters and sons i brought jackson down we will play today with matt kuchar and his son cameron tyler is here with charlie it is a little windy today, jackson. but second place is for losers, right? we got to go crush it. so, yeah, it is a special time we both grew up playing with our dads i know it is special to be here with his son charlie. >> carson, i noticed your hat pops i know you are thinking of your dad right there. jack, how do you feel? do you feel the pressure are you excited? >> no pressure whatsoever. i'm coming in here cool as a cucumber i have set my standards low. you know, i'm ready to hit a few in the water but it is also not a bad day to hit a hole in one. >> he's like a

pnc bank have been doing this for 40 plus years. >> richard, i know you want us to sing the five goldenen rings ♪ >> phil, do not leave me hanging here. >> i am intimidated by richard's talent and also very sure richard could get a hold of the geese if he wanted to. that's his thing. >> so -- >> go ahead. >> the number one question. remember, you have to buy the items again and again. ♪ five gold rings ♪ >> you have to buy them again and again and again. so the total cost of christmas, 346, 201,972. that's a gain of 2.5%. come on, stand by. you can do this. ♪'d maids-a-milking ♪ ♪ five golden rings ♪ >> there it is. >> he won't do it. >> richard quest, you are my favorite. thank you, my friend. >> thank you. happy christmas. >> you may have some geese in your office for christmas. >> because i didn't sing? >> be careful. >>> it's rare to have president biden and lawmakers on potato sides of the aisle on same page on an issue. they are on this one. a $14 billion acquisition of u.s. steel by a japanese company. how do steelelworkers fefeel? we w will speak k to the preres next.. >>> the w

he and his son charlie were competing at the pnc championship this weekend, formally the father and sonh in 2021. i look forward to just i look forward tojust being able i look forward to just being able to -et i look forward to just being able to get ready— i look forward to just being able to get ready for next year, and i've been _ get ready for next year, and i've been able — get ready for next year, and i've been able to check off a lot of rust and things— been able to check off a lot of rust and things that caught my eye got better— and things that caught my eye got better each and every day, which has been great, — better each and every day, which has been great, and i still have a lot of work— to do. we're just 2a hours and a few minutes away from the start of bbc sports personality of the year. it's the 70th time the award will have been handed out and the show is live from mediacityuk here in salford quays. just over there! we've sent our reporterjo currie to have a look behind the scenes. you know it's going to be a big night when they roll the red carpet out. it's currently

his 16-year-old daughter sam caddies for dad for the first time at the pnc championship.he wasn't the only one showing off driving skills. tiger's son charlie ripping it, 321 yards to the green and he clears it. he nearly settles on the green. he is just 14 years old. team woods is the hoog # 8 under. the apple doesn't fall far from the tree on or off the course. listen to. >> this >> i drove the ball really good today. i didn't miss a 401(k). i still managed to shoot 8 under. we just suck at putting. >> that summed it up right there. >> finally, first day of college bowl season in football and we already have a high note. rob gronkowski singing the national anthem at the l.a. bowl. we will bump up the audio a little bit. your dogs might howl and a window may crack. ♪ land of the free ♪ ♪ and the home of the brave ♪ >> ouch. >> there you go. >> stop it. >> bring it home, gronk. that's a way to get the sunday fun day started. give that man a solo. >> no. he has so many talents. why are you allowing him -- that singing, way off tune. painful. thank you. >>> and the next hou

during the pnc championship family tournament this weekend 14-year-old charlie woods hit a chip-in birdieher standing nearby beaming with pride iconic golf duo. >> dana: double time tomorrow. that's it for us. have a great night, everyone. hey, bret. >> bret: ending with the golf video. very nice. that's a rare event for the handover

>> this is one we like a lot, pnc financial. their ten-year dividend growth rate, meaning that you bought the stock ten years ago, $1.75. now it's over $5. so 14% is awfully high. usually 5% or higher. >> okay. >> health care, i've read some notes that suggest that health care is due for a bounce even in general election years health care stocks typically don't do well. a lot of rhetoric from both candidates what they're going to do to drug prices, blah, blah, blah, but you like metronic, a med device space. why? >> kind of a left turn. not pharma, but it's the largest medical device manufacturing in the world. they've paid a growing dividend for 45 straight years. current yield is roughly 3.3%. it increased that going back on to the growth rate of the dividend, so we like them a lot. 2022 was terrible to medtronic. that would be our pick in the space. >> jenny, do you want to opine on that? you do own it. >> we own it with the purpose being high free cash yield. when did you buy medtronic? >> we've been buying it continuously s

tiger woods and his son charlie are getting ready to tee off at the pnc championship in orlando latering. the golf superstar praising his 14-year-old son's progress. >> i think his speed has gone draconian amatically up -- dramatically up since last year but i think that more than anything it's just the fact that he's growing so fast, the aches and pains of growing, that's just teenage life. rachel: proud dad. team woods will be joined by another father/son d duo pro golfer justin and his son mike. those are your headlines. turn to meteorologist adam klotz for our weather forecast. adam, you're outside. >> yeah, i am outside and i'm having fun out here. we have people from all across the country and new yorkers down here from sea to shining sea. we're booing. we have californians down here. can i say you guys were born on the same day and so happy birthday to you. that's awesome. we love to see that and i've made so many different friends. what's your name? >> emmy, >> where are you from? >> pennsylvania. >> pennsylvania, okay. how do you feel about the forecast? is it nice out? >> so

he's got the eye of the tiger just like his dad during the pnc championship family tournament this weekendcelebrate in a strikingly similar manner to his father standing nearby, beaming with pride, an iconic golf duo. yeah, i bet you get double time tomorrow, right? that's my decision. y connec all right. that's it for us. have a great night, everyoned wi . rememberat night, everyoned wi >> welcome to jesse waters.e

. >>> tiger woods daughter, sam caddying for dad in the pnc championship.his son charlie in the family event. a good approach from tiger on seven. that set of a birdie putt for charlie and he knocks it down. team was is eight under, seven back of the lead headed into the final round . >>> a 49ers play today against the cardinals , right after 1:00, right here on kpix 5. >>> kareem abdul-jabbar is recovering in a los angeles hospital this weekend after he broke his hip at a concert . 76-year-old was set to undergo surgery to repair his broken hip on saturday. his longtime business partner issued a statement , thanking the l.a. fire department in the medical team at ucla for assisting the hall of famer. the former laker and milwaukee bucks star held the nba career scoring record for 39 years. until last february, when current laker start lebron james surpassed him. >>> the impact from the death of three hostages in gaza by friendly fire reverberate in the streets of israel and in the corridors of power. we have the latest developments from the middle east. >>

we will give you the pnc championship. the ninth hole in florida. he's got a short gain. be able to drop and celebrate with his dad. of course, the fist pump. tiger and charlie will finish tied for fifth. and they won the event. that's if you're scoring at home. but the top story, niners, baby, on their way back to the bay area to enjoy this one, at least for the next 24 hours. >> and they just have one more bird to go next week, the ravens. >> the hardest of them all. >>> all right, coming up in the next half hour, a new way to study climate change. if it sounds like a plan, well it's because it is. we will tell you how these birds are helping scientists better understand our warming planet. >>> and just to see that, we will be able to keep this. it is exciting and happy honestly. >>> and plus south bay vendors breathing a sigh of relief. the new timeline to close down the san jose flea market. >>> later, celebrating 75 years of kpix, by taking a trip deep into the archives. how the random life altering trauma would turn sleepovers just aren't what they used to be. a hou

during the pnc championship family tournament this weekend 14-year-old charlie woods hit a chip-in birdie and celebrate strikingly similar to his father standing nearby beaming with pride iconic golf duo. >> dana: double time tomorrow. that's it for us. have a great night, everyone. hey, bret. >> bret: ending with the golf video. very nice. that's a rare event for the handover. >> bret: good evening, welcome to washington. i'm bret baier. breaking tonight. we are releasing the latest fox news polls tonight at this hour and the news for president biden could not be much more unpleasant this evening. sources say he has been issued about recent poll numbers and these will not help that mood. right now. only 32% of those surveyed are satisfied with how things are going in the country. and just 14% say they have been helped by president biden's economic policies. 14% when it cmtion it it the israel hamentsd war only 33% approve of the president's performance in that foreign policy challenge. we have fox team coverage tonight. jacqui heinrich at the white house with the polling picture but we s

again, the traditional 12 days of christmas gifts are more expensive this year, according to the annual pnc price index, the combined cost for the dozen gifts featured in the final verse of the famed christmas carol totals more than $46,000. that's more than $1000 higher than last year. the main culprit. well, you know, the song, 2 turtle doves and partridge in a pear tree. the cost of the 2 turtle dobbs is up. 25% and one partridge is going for nearly 320 bucks. these costs are about 14% higher that last year, the bank calls its price index a light hearted take on the consumer price index by the bureau of labor statistics. >> all looked >> well, here in san francisco, pop-up drag performers took over several around the city this weekend. this was all part of the san francisco is a drag event hosted by city joyful city funds. joy areas like north beach union square. the mission, the hate where the stage for 100 drag queens and kings. look like people had a lot of fun out there. coming up here at 10 o'clock. the next gop debate is on wednesday where you can watch it what the candidates are s

pnc bank's annual survey put the cost of buying all the items at $46,729.86. 2.7% from last year. biggest jump the price of two turtle doves just gone through the roof on turtle doves, up 25% to 750 bucks. is there anything you want? i'm just going to whip through it here because people don't remember this. all right, 12 drummers drumming, 11 pipers piping, ten lords, a leaping, nine ladies dancing, eight maids a milking, seven swans a swimming, six geese a laying, five golden rings. i'll take those four calling birds, three french hens, two turtle doves, partridge in a pear tree. what do you want? >> everybody wait, wait, wait. i think the gold rings. >> i have no use for partridges or milkmaid. >> dan, can i interest you in a milkmaid? oh well. >> lords, a leaping, i don't know. yeah, the gold rings i'd have to take. >> i'm with the guys. the gold rings. >> so how did this song become so popular? when nobody wants any of these things? >> i know we need to do an updated version. i think. >> dionne, what would that be? >> yeah. oh ipods. >> uh, ipods. >> is th

now, pnc bank put out its annual cost of the 12 days of christmas. to get them all. it's going to run you more than $201,000. here's a brief breakdown of some of the costs. partridge in a pear tree, $319. five gold rings $1,245. seven swans a swim in $1,325. eight maids a milking, a religious symbol for some, but still estimated at $58. and most expensive ten lords a leaping $14,539. >> yikes. and forgive the red and green this time of year. this christmas is time to think pink. and you can thank barbie. the summertime blockbuster inspiring folks this holiday season, according to gifting experts and unifier, an online customized gift site say pink christmas trees searched as the search of that word has surged to 186% this year. and pink christmas decoration searches have jumped 198. sites like wayfair and amazon have plenty of pink christmas themes, with some items already sold out. >> all right. still to come, a big merger in the sky as one popular airline buys another. what it could mean for flights right here in california. the plus 25% of new cars are being bough

he's got the eye of the tiger just like his dad during the pnc championship family tournament this weekend, 14-year-old charlie woods hit a chip in birdie and proceeded to celebrate in a strikingly similar manner to his father standing nearby, beaming with pride, an iconic golf duo. yeah, i bet you get double time tomorrow, right? that's my decision. y connec all right. that's it for us. have a great night, everyoned wi . rememberat night, everyoned wi >> welcome to jesse waters.e prime time tonight. oh, that was the good thing i've ever heard in my life. let's go. democratin. >> let's shoot a video in then senate. and they were rising inside t-mobile arena to pay their respects, trump jumped out to the largestto pay t lead the republican has had in 20 years. america's race to the bottom. plus oc. >> i feel going out my finger, just getting the heart senate building has produced some of washington's biggest fireworks. from condoleezza rice testifying biggest in front of e 911 commission or james comey lying through his teetht th about the russia hoax. to brad kavanaugh's testy confirmation

woods and his son, charlie, are taking part in the pnc championship's pro am event this weekend.ce special. that's pretty cool. >> gio: and you can see how happy they were in their faces right there. >> stephanie: yeah. >> gio: let's take a look at some of the other big stories that we're following on this sunday morning. the u.s. and south korea with a warning to north korea, any attack on america or its allies will result in the end of president kim's regime. the joint statement echoes comments made in the spring by president biden. officials from both countries are increasingly concerned with the progress of north korea's nuclear program. >> stephanie: and a consumer alert this morning. quaker oats is recalling some of its granola bars and cereals due to a salmonella risk. the recalled products were sold in all 50 states and include popular chewy granola bars of various flavors. the company says that it informed the fda of its action. there is a complete list of the recalled products on the fda's website. >> whit: and a new rooster now sits atop notre-dame cathedral in paris.

that decision, and that this, that, this qual uh for them now will remain as it is on a sunday or on pnc. thank you. the uh, 6 people have been killed in an attack in nigeria is all producing needs. yeah. delta region, government ambushed and oil company conroy killing it to civilian drivers and full soldiers to south korean. what cause were kidnapped attacks? and then these, you had delta had this decreased significantly in recent years, but the region remains volatile. cold weather, it has gripped launch pots of china, with temperatures, expect it to full shop lee over the next few days. cold snap is moving from northern provinces. hit by blizzards to central a southern areas, snow, an ice force, the closure of a $126.00 highways across several provinces. a number of trains departing beijing and the north west and seen chang region were canceled because of either snow or high winds. authorities invasion shut schools and told people to stay home on wednesday and as of next year for our tourist will have to pay a tax to enter the indonesian island to bonnie revenue from the $10.00 fee is

pnc has been up 20%, go down the list, fifth third, anything in the big bank sector has been doing reallyts last week. they have their estimates for 2024 out. they're generally wrong. the analysts are coming out with their 2014 numbers. analysts are more important than strategists because they determine if they beat or don't beat on the earnings. these are the people we quote on the air here. the 2024 system are bullish, surprisingly, not surprising, he said facetiously. 246 is the estimate for the s&p 500 for 2024. that would be a record high up 11% if we hit that. 2023 is 221. you can see here we're up 11, 12% for the estimate here for 2024. as i pointed out with the strategists last week, analysts also are wrong. they over estimate because they're too bullish. the average over the last 20 of 25 years has been about a 7% over estimation and the analyst community resent this because they always complain to me, bob, how are we to know? big things happen in the middle of the year that throw the estimates off and all is true but the big things happen all the time. here are the years they've

we will also hear from senior executives from wells fargo, pnc bank, city national bank, and local stakeholders. while the senate is moving forward with the hearing, featuring big bank ceos next week, i'm very disappointed that this committee is breaking with the tradition i established as chairwoman to hold the same hearing. to conduct oversight of our nations big banks. i hope the gentleman will reconsider his decision and convene with ceos for hearing as soon as possible. now, as the solicitor general argued, the cfpb funding structure is constitutional and the only agency dedicated to protecting our nations consumers in the financial marketplace will harm our economy and communities. a lawsuit for the supreme court how the broader, extremist effort by house republicans to undermine and defund critical government agencies and programs , even social security and medicare. to be clear, every single court the have reviewed the cfpb funding has reaffirmed . committee democrats urge our nations justices to stand with the 82% of americans, including 77% of republicans who want the agency to contin

when do the pnc's get to play? chris: basel three is a big development being debated now.term, with a credit uncertainty in the economy, pencils are down for m&a. over time, there will be more consolidation. jonathan: we have to get more major banks. does anyone in washington agree? tom: no, no. every other nation has done this. jonathan: i am with you. i get that. do we have to figure out why we are sitting here in this sole lonely developed nation with 4000 banks? someone wants us to be here. chris: from 2000 eight, the global financial crisis, the systemic level was putting a line in the sand. that was walked back in 2016 after the trump administration. without getting political, there is a level of political consideration to think about. tom: being in london as paperback writer was released by the beatles, i remember there were no banks.there is a bank in america on every corner. jonathan: you are bringing up a different conversation. the footprint on high street and main street have changed. chris: you are seeing smaller and fewer, but there is a lot of regulation and

joining us now is because, pnc chief economist. let us start right there. is the u.s.ould be surprised to see the fed cut in the first quarter. they want to see inflation is slowing significantly. they have made progress there. the fed wants to make sure that inflation is consistently at 2%. i would expect to see the first rate cuts around may 2024. obviously, the has been pushing expectations for fed rate cuts and pushing long-term yields lower. inflation is at the point in early 2024 the fed feels comfortable cutting. vonnie: you say cuts later in the year will not be one at a time or how many of you anticipate the economy being able to handle a meeting? >> i think the fed will be cautious. . we have been through a period of high inflation. they want to make sure that inflation pressures are contained. i would expect that the fed would be cutting every other meeting or something like that by 25 basis points. maybe three or four rate cuts and 2024. if we see the economy is starting to deteriorate, the fed does have the ability to cut rates more quickly. i think given

we own a jp morgan and pnc. we like brookfield for the next three to five years. those calls. that is nancy. if you are just turning the program, this is what we have got for you. the s&p 500 traits down three tix with 0.6%. to nancy's point, we can live in a world where she takes us back in time, we have higher rates and the equity markets can perform. what a brilliant comparison between tim cook and steve jobs. he is a great cost cutter but he is no -- carol: an iconic company so identified with the company's founder. that was the case for apple and amazon. manus: we had one of those founders yesterday, cathie wood. katie: when it comes to apple, she makes the point maybe they don't get the name recognition. destocked has done fantastically. carol: no one would argue that apple has suffered under tim cook. manus: definitely not. she says the tech names are the new defensive play. this goes to the balance sheet and to the debt levels. that is where we will pick up. carol: i thought you would add about broadcom. she said she will continue to add in her notes. manu

this is the pnc championship in orlando, which sees major champions team up with family members.e was another game, manchester versus united, it is at anfield. it will be not only the biggest and premier league capacity, 57,000, because they have opened up the top part of the outfield arose, but also, the manchester united, rachel and roger, but also, the manchester united, racheland roger, it but also, the manchester united, rachel and roger, it will be incredibly important for erik ten hag and his future prospects. —— erik ten hag. it hag and his future prospects. -- erikten hag-— hag and his future prospects. -- erik ten hag. it is worth saying, if ou're erik ten hag. it is worth saying, if you're not— erik ten hag. it is worth saying, if you're not in _ erik ten hag. it is worth saying, if you're not in a — erik ten hag. it is worth saying, if you're not in a position _ erik ten hag. it is worth saying, if you're not in a position where i erik ten hag. it is worth saying, if you're not in a position where you can watch that only want to follow it, you can follow commentary on